Historic Qatari Rial Israeli Sheqel

Qatari Rial israeli sheqel history for August 2023. The highest quote for this month is 1.048 (31/08/2023) and the lowest 1.0424 (21/08/2023). The difference between high and low is 0.53.

QAR ILS average rate for August 2023 is 1.0275, the change between 01/08/2023 and 31/08/2023 is -3.19 %.

01 August 20231 QAR = 1.007 ILS
02 August 20231 QAR = 0.9988 ILS
03 August 20231 QAR = 1.009 ILS
04 August 20231 QAR = 1.013 ILS
07 August 20231 QAR = 1.003 ILS
08 August 20231 QAR = 1.013 ILS
09 August 20231 QAR = 1.023 ILS
10 August 20231 QAR = 1.013 ILS
11 August 20231 QAR = 1.019 ILS
12 August 20231 QAR = 1.024 ILS
14 August 20231 QAR = 1.024 ILS
15 August 20231 QAR = 1.029 ILS
16 August 20231 QAR = 1.027 ILS
17 August 20231 QAR = 1.030 ILS
18 August 20231 QAR = 1.040 ILS
20 August 20231 QAR = 1.042 ILS
21 August 20231 QAR = 1.042 ILS
22 August 20231 QAR = 1.043 ILS
23 August 20231 QAR = 1.041 ILS
24 August 20231 QAR = 1.033 ILS
25 August 20231 QAR = 1.043 ILS
28 August 20231 QAR = 1.045 ILS
29 August 20231 QAR = 1.045 ILS
30 August 20231 QAR = 1.044 ILS
31 August 20231 QAR = 1.039 ILS

01/01/2021: Launch of a digital currency pilot program

Qatar announced the launch of a pilot program to test the use of a digital currency as part of its efforts to introduce blockchain technology in the financial sector.

05/06/2017: Qatar diplomatic crisis affects the currency

Following the diplomatic crisis and blockade imposed by neighboring countries, the Qatari rial faced volatility and depreciated against major currencies.

27/05/2015: Qatari rial pegged to a basket of currencies

The Qatari rial's peg was diversified to include a basket of currencies, reducing its dependence on the US dollar.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

08/06/2001: Creation of the Qatar Central Bank

The Qatar Central Bank was established to replace the Qatar Currency Board and assume the responsibility of regulating the Qatari rial.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

27/07/1997: Qatar Currency Board established

The Qatar Currency Board was established to regulate the issuance and circulation of the Qatari rial and maintain its stability.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

27/03/1976: Currency pegged to the US Dollar

The Qatari rial was pegged to the US dollar at a fixed exchange rate of 1 USD = 3.64 QAR to stabilize its value and promote trade.

24/06/1973: Introduction of Qatari Rial

Qatar officially introduced the Qatari rial as its currency, replacing the Gulf rupee at a rate of 1 rial = 1.65 rupees.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.